The Arctic Economic Council – the Origins

On 2 September 2014, in the Canadian town of Iqaluit – the territorial capital of Nunavut – the founding meeting of the Arctic Economic Council took place. By relying on founding documents, interviews with stakeholders who were engaged in the development of the concept of the Council, and by followi...

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Bibliographic Details
Published in:The Yearbook of Polar Law Online
Main Author: Loukacheva, Natalia
Format: Article in Journal/Newspaper
Language:unknown
Published: Brill 2015
Subjects:
Online Access:http://dx.doi.org/10.1163/2211-6427_010
https://brill.com/view/journals/yplo/7/1/article-p225_10.xml
https://data.brill.com/files/journals/22116427_007_01_s010_text.pdf
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Summary:On 2 September 2014, in the Canadian town of Iqaluit – the territorial capital of Nunavut – the founding meeting of the Arctic Economic Council took place. By relying on founding documents, interviews with stakeholders who were engaged in the development of the concept of the Council, and by following the process of its establishment, the author examines why the Arctic Council established this new independent body. The article looks back at the history of the Arctic Council’s relationships with business and examines what the objectives of the new Arctic Economic Council are. It also explores how the new council will do business and concludes by posing questions about how the Council might facilitate economic development, entrepreneurship, a new vision and dialogue, and generally how it can best serve the circumpolar business community, Northern and Indigenous stakeholders.